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WATCH NOW: Biden’s Medicare Premium Hike

Published by Anonymous (not verified) on Wed, 15/06/2022 - 6:05am in

Tags 

Video, Health care

 Biden’s Medicare Premium Hike

The Biden administration recently reaffirmed its decision to enact the highest Medicare premium hikes in history — just before this year’s midterm elections.

And as our new video demonstrates, the president is, at the same time, moving forward with a plan to funnel significantly more Medicare money to for-profit insurance companies and further privatize the government insurance program for older Americans and those with disabilities.

Watch our new video about the White House’s troubling Medicare scheme — and then share it on social media and forward this email to friends and family.

We don’t answer to corporations. We’re a reader-supported news outlet — which is why we can produce this video and report stories like this and this that corporate interests would rather keep out of public view.

The only way for those in power to do right by all of us is to continue lifting the veil on these kinds of inconvenient truths. Thanks for supporting our accountability journalism and for encouraging others to subscribe. And remember: If you want to help us do more, you can always use our tip jar or give a gift subscription.

Our news organization relies on readers pitching in to support our journalism. If you like this story, please support our work.

Should we save capitalism? | Slavoj Žižek, Paul Krugman, Yanis Varoufakis, Shoshana Zuboff, and more – iai video

Published by Anonymous (not verified) on Sun, 12/06/2022 - 3:58pm in

Tags 

English, Video

Leading economists and philosophers discuss in depth the downfall of capitalism and its implications for our social reality.

Featuring: Slavoj Žižek, Paul Krugman, Joseph Stiglitz, Shoshana Zuboff, @Yanis Varoufakis, @Mariana Mazzucato , Deirdre McCloskey and Guy Standing.

00:00 | Introduction
00:31 | Paul Krugman
04:07 | Guy Standing
07:01 | Joseph Stiglitz
11:03 | Deirdre McCloskey
14:42 | Shoshana Zuboff
17:06 | Yanis Varoufakis
20:20 | Mariana Mazzucato
23:44 | Slavoj Žižek

The post Should we save capitalism? | Slavoj Žižek, Paul Krugman, Yanis Varoufakis, Shoshana Zuboff, and more – iai video appeared first on Yanis Varoufakis.

'People are sick of this, and they are going to fight back' - video

Published by Anonymous (not verified) on Sat, 11/06/2022 - 7:02am in

Chris Neville's speech at a recent People's Assembly rally in Manchester ahead of the TUC national demonstration

WATCH NOW: Biden Is Trying To Crush A Historic Climate Change Lawsuit

Published by Anonymous (not verified) on Wed, 08/06/2022 - 9:45am in

Tags 

Video

 Biden Is Trying To Crush A Historic Climate Change Lawsuit

A federal court is expected to deliver a ruling that would bring a major climate change lawsuit to trial. But as our new video demonstrates, plaintiffs in the historic Juliana v. United States case face a major obstacle: President Joe Biden’s Justice Department.

The lawsuit was brought by 21 youths in 2015 and seeks to establish a constitutional right to a livable planet. Success would mean the ability to deem unconstitutional federal policies pushing for new fossil fuel development — a move that could greatly help efforts to address the escalating climate crisis.

But the Biden administration is working to crush this monumental legal effort. Watch our new video to find out how — and then share it on social media and forward this email to friends and family.

We don’t answer to corporations. We’re a reader-supported news outlet — which is why we can produce this video and report stories like this and this that fossil fuel interests would rather keep out of public view.

The only way for those in power to do right by all of us is to continue lifting the veil on these kinds of inconvenient truths. Thanks for supporting our accountability journalism and for encouraging others to subscribe. And remember: If you want to help us do more, you can always use our tip jar or give a gift subscription.

Our news organization relies on readers pitching in to support our journalism. If you like this story, please support our work.

Peace is the Result of Diplomacy, Never of War

Published by Anonymous (not verified) on Tue, 07/06/2022 - 5:05am in

Tags 

Video

Columbia University's renowned economist Jeffrey Sachs talks about the lessons he has learned from consulting with governments around the world, about how global problems, such as the war in Ukraine, will only be solved via efforts to understand the other side, never through force.

“We have a duty to give shelter to Turkish democrats fleeing Erdoğan” – interviewed by Bünyamin Tekin for TURKISH MINUTE

Published by Anonymous (not verified) on Mon, 06/06/2022 - 7:51pm in

“Democrats have a duty, whenever there is a dictatorial turn in any neighbouring country, to give shelter and asylum to fellow democrats escaping the dictators, the authoritarians. The Greeks have a duty to give shelter to Turkish democrats fleeing Erdoğan or fleeing any regime, for that matter,” MeRA25 MP and party leader Yanis Varoufakis, said as he spoke with Turkish Minute about illegal pushbacks perpetrated by Greek authorities.
Varoufakis aanswered Turkish Minute’s questions about pushbacks by Greek authorities of people trying to seek asylum in Europe by crossing the Turkish-Greek land border and the Aegean Sea. Among these asylum seekers are Turks and Kurds, who are at risk of persecution under the authoritarian rule of President Recep Tayyip Erdoğan.

FOR THE COMPLETE INTERVIEW (transcript and video) click here

Greek for

The post “We have a duty to give shelter to Turkish democrats fleeing Erdoğan” – interviewed by Bünyamin Tekin for TURKISH MINUTE appeared first on Yanis Varoufakis.

Dangerous fantasy: Gold, Bitcoin won’t help you find freedom outside government – Interviewed on Kitco NEWS

Published by Anonymous (not verified) on Mon, 06/06/2022 - 7:16pm in

Central banks should issue their own democratically controlled crypto, not bypassed by Bitcoin-like cryptocurrencies” I told David Lin, Anchor and Producer at Kitco News; a service catering largely to the crypto community who (as you will see in the comments) cannot stand my rejection of their collective fantasy that crypto currencies will liberate us from the capitalist/state yoke. Still, it is important to break down the lines to segregation preventing the dialogue we have to have. Thanks David!

If you do not want to watch all 32 minutes, you may jump to the following topics:

0:00 – Central bank digital currencies

8:45 – Government tyranny

12:32 – Gold, Bitcoin

15:16 – Inflation

26:09 – Russia and Ukraine

31:02 – Upcoming book

The post Dangerous fantasy: Gold, Bitcoin won’t help you find freedom outside government – Interviewed on Kitco NEWS appeared first on Yanis Varoufakis.

The Search for the Soul of Business

Published by Anonymous (not verified) on Thu, 02/06/2022 - 3:02am in

Tags 

Video

Corporate responsibility needs to evolve if businesses are going to rebuild trust and provide real value for society.

How Corporations are Using Inflation to Take Your...

Published by Anonymous (not verified) on Wed, 01/06/2022 - 8:01am in

How Corporations are Using Inflation to Take Your Money

Corporations are using inflation as an excuse to raise their prices, hurting workers and consumers while they enjoy record profits. 

Prices are surging – but let’s be clear: corporations are not raising prices simply because of the increasing costs of supplies and labor. They could easily absorb these higher costs, but instead they are passing them on to consumers and even raising prices higher than those cost increases.

Corporations are getting away with this because they face little or no competition. If markets were competitive, companies would keep their prices down to prevent competitors from grabbing away customers. But in a market with only a few competitors able to coordinate prices, consumers have no real choice. 

As a result, corporations are raking in their highest profits in 70 years.

Are they using these record profits to raise their workers’ real wages? No. They’re handing out meager wage increases to attract or keep workers with one hand, but effectively eliminating those wage increases by raising prices with the other.

Wages grew 5.6 percent over the past year — but prices rose 8.5 percent. That means, adjusted for inflation, workers actually got a 2.9 percent pay cut.

So what are corporations doing with their record profits? Using them to boost share prices by buying back a record amount of their own shares of stock. Goldman Sachs expects buybacks to reach $1 trillion this year – an all-time high.

This amounts to a direct upward transfer of wealth from average working people’s wallets into CEOs’ and shareholders’ pockets. 

Billionaires have become at least $1.7 trillion richer during the pandemic, while CEO pay (based largely on stock values) is now at a record 350 times the typical worker’s pay.

The Federal Reserve intends to curb inflation by continuing to raise interest rates. That would be a grave mistake, because it doesn’t address corporate concentration and it will slow job and wage growth. The labor market isn’t “unhealthily tight,” as Fed Chair Jerome Powell claims. Corporations are unhealthily fat.

So what’s the real solution?

******

Btw, if you’d like my daily analyses, commentary, and drawings, please subscribe to my free newsletter: robertreich.substack.com

******

First, tougher antitrust enforcement to address the growing concentration of the economy into the hands of a few giant corporations. Since the 1980s, over two-thirds of American industries have become more concentrated, enabling corporations to coordinate price increases.

Next, a temporary windfall profits tax that takes corporation’s record profits and redistributes them as direct payments to everyday Americans struggling to cover soaring prices.

Third, a ban on corporate stock buybacks. Buybacks were illegal before Ronald Reagan’s SEC legalized them in 1982 – and they should be made illegal again.

Fourth, higher taxes on the wealthy and on corporations. Corporate tax rates are at near-record lows, even as corporate profits are at a near-record highs.  And much of billionaires’ pandemic gains have escaped taxes altogether.

Lastly, stronger unions. As corporate power has grown, union membership has declined, and economic inequality has risen – the reason most workers haven’t seen a real raise in 40 years. All workers deserve the right to collectively bargain for higher wages and better benefits.

In short, the real problem is not inflation.The real problem is the increase in corporate power and the decline in worker power over the past 40 years. Unless we address this growing imbalance, corporations will continue siphoning off the economy’s gains into their CEOs’ and shareholders’ pockets — while everyday Americans get shafted.

Lenin on party and class - video

Published by Anonymous (not verified) on Tue, 31/05/2022 - 10:51pm in

To wrap up Counterfire's series on Leninism in the 21st century, Michael Lavalette discusses Lenin's concept of a revolutionary organisation and its relation to the working class

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